Saturday, August 19, 2017

September opening set for Yadanapon Super Centre

The nation’s biggest retail mall is scheduled to open in September, a spokesperson for Mandalay Golden Wings (MGW) construction, which is building the site, said on July 29.

U Sein Win, an MGW project manager said Yadanapon Super Centre and the adjoining Diamond Plaza are due to open in September and December respectively on the former Yadanapon Market site in Mandalay.

Yadanapon Market, which was located at the corner of 77th and 78th streets and 33rd and 34th streets in Kinsana Mahi quarter, Chanaye Tharsan township, was gutted by fire in February 2008.

Yadanapon Super Centre is a Mandalay City Development Committee (MCDC) and MGW construction joint venture which broke ground in August 2008. The terms of the joint venture state that MGW assumed all construction costs and was awarded 60 percent of the total site when it’s finished, while MCDC will own the remaining 40pc.

“MGW is fully funding this project and it will cost about US$40 million to construct the two buildings,” U Sein Win said.

He added that the Yadanapon Super Centre will be opened first to allow shop owners from the former MCDC-run Yadanapon Market to open their shops open as soon as possible.

“Diamond Plaza is our own project and is less urgent,” U Sein Win said.

The two buildings sit inside a 4.7-acre compound, with the L-shaped Yadanapon Super Centre wrapping around the square Diamond Plaza. The two buildings will be separated at ground level to allow fire engines to enter.

According to the structural designs, the total combined floorspace is about 181,000 square feet. This is substantially larger than the Taw Win Complex, the largest – and still unfinished – retail mall in Yangon. When that opens it will have a floor plan measuring about 100,000 square feet.

Both Yadanapon Super Centre and Diamond Plaza feature structural designs composed by Myanmar’s KMT Group, with the architectural designs penned by a Thai firm.

The centre is a seven-storey building, including a basement. It will include a mixture of fashion, electronics, sports, beauty and many other shops, U Sein Win said.

MCDC has about 1559 shop owners from the former market who want to open outlets.

It will also hold three theatres – capable of holding 170 moviegoers each – on the top floor.

Diamond Plaza is a six-storey building and will be linked with Yadanapon Super Center by two skywalks; the two will share a 300-car basement parking lot. It will house an Ocean supermarket in the basement.

The plaza will include up to 600 shops, which are now on sale for between K20 and K100 million. The government-owned Livestock and Fisheries Bank and the privately owned Amara Bank will open on the ground floor.

U Sein Win said some interesting ideas had been investigated for the plaza’s upper-most level, although the final decision will see the space used in a more traditional manner.

“We’d planned to build a futsal pitch on the top floor but we changed our minds and are now setting up an open area with a stage that can hold as many as 3000 people and will host events like wedding receptions and music shows,” he said.

MGW has installed a fire prevention system including smoke detectors, a complex-wide fire alarm, two 50,000-gallon water tanks in the ground and a 30,000 gallon overhead tank.